FAO and Nibulon establish a promising collaboration to improve food security in Egypt, December 2017FAO and Nibulon establish a promising collaboration to improve food security in Egypt, December 2017

07 December, 2017

The Food and Agriculture Organisation (FAO) and Nibulon, a Ukrainian company with over 25
years of experience in the field of grain production, storage, transportation
and export, yesterday signed a partnership to focus on improving the efficiency
of Egyptian companies involved in grain production, storage and transportation.

Abdessalam Ould Ahmed, FAO Assistant Director-General
and Regional Representative for the Near East and North Africa, and Oleksiy
Vadatursky, CEO and co-owner of Nibulon, signed the memorandum on the sidelines
of the forum Promoting
Sustainable Investment in Egypt's Food Securityheld in Cairo and organized
by the Government of Egypt, FAO, the World Bank and the European Bank for
Reconstruction and Development (EBRD).

The forum convened around 200 participants from both
the public and private sectors, including policy makers, project developers, international
financial institutions (IFIs), and investors from
around the world.

Sustainable Investment

Promoting sustainable investment in Egypt's food
security and acknowledging the urgency in scaling up efforts to enhance the food
security situation in Egypt is at the core of FAO’s agenda. Such collaboration
also fits into FAO’s broad strategy to intensify partnerships and mobilize key
actors to help end hunger and malnutrition by 2030.

Achieving the UN Sustainable Development Goals (SDGs) by 2030 will
require greater public-private sector cooperation, strategic alliances and
innovation. Thus, this partnership responds to FAO's repeated appeal to the
private sector during the Committee on
World Food Security (CFS), hosted at FAO headquarters in Rome every
October.

Capacity Building

By combining the expertise of FAO and the
private sector, important efficiency savings and knowledge transfer can be
achieved. Nibulon has the necessary experience of running investment projects
with international financial institutions and improving the productivity of
grain supply chains, while FAO can facilitate the transfer of this knowledge to
other countries.

Nibulon has exported grain to more than 60
countries and exported more than 747,000 tons of wheat under the tenders of the
UN’s World Food Programme since 2009. It is also a member of the International
Grain and Feed Trade Association (GAFTA) and International Association of
Operative Millers (IAOM), the Ukrainian Grain Association and the Ukrainian
Agrarian Confederation. The company, also a client of the EBRD and the European Investment Bank (EIB), has a state-of-the art
certified laboratory and is prepared to share its knowledge in grain sampling
and testing.

Towards Zero hunger

“This agreement is another impressive step in the efforts to scale up
FAO’s work towards eradicating hunger and improving the food security situation
in the region,” Ould Ahmed stated. He highlighted that “the technical expertise
Nibulon brings will certainly help to improve storage and logistics, reduce food
losses, and such collaboration adds an extra element in achieving the SDGs in
the region.”

“There’s room for improvement and more work is needed to improve grain
storage, transportation, sampling and testing to benefit the people in Egypt
and its neighbouring countries,” Ould Ahmed stressed.

Vadatursky pointed out the need to act in tackling malnutrition and hunger,
which “should not have a place in the world we all live in. Nibulon, as a
responsible Ukrainian grain producer and a reliable exporter, shares FAO’s
vision of zero hunger.”

“Today, Nibulon is ready to share its knowledge along the grain supply
chain with FAO and its partners so we can advance in achieving our common goal
of the zero hunger world,” he added.

Read more about the forum Promoting
Sustainable Investment in Egypt's Food Securityhere.